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Cryptocurrencies Price Prediction: Ripple, Shiba & Bitcoin – American Wrap 09 July

Bitcoin Weekly Forecast: Crypto-miner mayhem rages as BTC contemplates jump to $42,000

Bitcoin price has been on a slow downtrend since June 29 and recently came quite close to tagging a crucial demand zone. Now the flagship cryptocurrency is consolidating in hopes of triggering an exponential run-up.

Shiba Inu looks weak at the current price levels, SHIB may tag $0.00000751

Shiba Inu attempted to go for $0.00001000, but faded at $0.00000930. General markets turned to risk-off after FED minutes on Wednesday. SHIB is looking for support at around $0.00000769, where buyers might enter.

XRP Price Prediction: Ripple is done correcting, 30% gains on horizon

XRP price has tried multiple times to slice through the high probability reversal zone but failed. The most recent rejection occurred on July 4, and Ripple has been on a downtrend since then. This down move has led to a retest of the critical support barrier, which might trigger an upswing.

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Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.